Map of Property

1320 Yuba

For Sale

1320 Yuba Street, Redding, CA 96001

This Redding property for sale is located at 1320 Yuba Street. The current listed sale price for 1320 Yuba is $3,930,000.

Contacts

broker

Chris Haedrich

Capital Rivers Commercial

(916) 514-5225

Property Details

  • Property Type Retail - Community Center
  • Property Size 24,500 SF
  • Parking Spaces Avail. 30
  • Property Tenancy Multi-Tenant
  • Year Built 1956
  • Year Renovated 2022
  • Date Updated Apr 15, 2024
The property is ideally located in Redding's central downtown business district at the northwest corner of Pine and Yuba Streets in downtown Redding, CA.Fully stabilized 93% leased high quality investment building in the heart of Downtown Redding, CA. Just appraised last month for $3,930,000, just $160/SF; the list price is the appraised value. Appraisal cap rate is 7.0%. The building was originally built for Crocker Bank and still has the drive-thru and historic vaults in place. Despite the "Downtown Core District" zoning not requiring any parking on site, this parcel features all of the parking to the north of the building which includes 24 spaces and a double drive-thru. Overall office space vacancy in the downtown area is at historic lows with high demand and little inventory. The building exterior has been freshly painted and the exterior tiled facade was just replaced August 2021.Come join "The Basement" collaborative creative suites by leasing the last space, "The Vault". Consisting of the former Crocker Bank vault, this suite has all kinds of potential. A separate elevator is available specifically for this suite as well, which could be great for a speakeasy. Must see to truly experience the unique feel and potential of the space.

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Highlights

  • Multi-Tenant Building in Downtown Redding Opportunity Zone
  • Favorable zoning allows for excellent flexibility in uses (office, retail, residential, mixed use, etc.)
  • 90% leased building at below market rents (several leases currently include utilities)
  • Surrounded by over $300 million dollars in recent development projects & the new Redding Public Market
  • Downtown Redding is experiencing historically low vacancy

Getting around

  • 86/100

    Walk Score ®

  • 34/100

    Transit Score ®

  • 90/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Redding, CA
  • Zip Code 96001

Points of Interest

  • Redding

    0.20 miles

  • Gas 4 Less

    0.11 miles

  • Fuelgood

    0.22 miles

  • Valero

    0.23 miles

  • Chevron

    0.51 miles

  • Safeway Fuel Station

    0.59 miles

  • Valero

    0.62 miles

  • Chevron

    0.70 miles

  • United Gas

    0.88 miles

  • Chevron

    1.28 miles

  • Speedway

    1.53 miles

  • Henderson Open Space

    1.36 miles

  • McConnel Foundation public parking

    3.47 miles

  • Gold Hills Golf

    4.06 miles

  • Visitor and Staff Parking

    4.69 miles

  • Clear Creek Road Park & Ride

    4.72 miles

  • South Parking Lot

    4.73 miles

  • North Parking Lot

    4.80 miles

  • East Parking Lot

    4.88 miles

  • China Gardens Trail

    5.31 miles

  • Gold Dredge Trailhead

    5.88 miles

  • Cafe Paradisio

    0.04 miles

  • Damburger

    0.07 miles

  • Corbett's

    0.08 miles

  • The Post Office

    0.09 miles

  • From the Hearth

    0.10 miles

  • Cinders

    0.11 miles

  • Taqueria Los Gordos

    0.12 miles

  • Sandwichery

    0.12 miles

  • Raliberto’s

    0.15 miles

  • Market Street Steakhouse

    0.15 miles

  • Foundry Square

    0.19 miles

  • Safeway

    0.55 miles

  • Orchard Nutrition Center

    1.01 miles

  • Holiday Quality Foods Market

    1.49 miles

  • TJ Maxx

    1.63 miles

  • Sprouts Farmers Market

    1.74 miles

  • Trader Joe's

    1.79 miles

  • Mt. Shasta Mall

    1.81 miles

  • Mount Shasta Mall

    1.82 miles

  • Macy's

    1.82 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Chris Haedrich

Capital Rivers Commercial

(916) 514-5225